Faced with rising interest rates and prices, 2 out of 5 think they can only afford a home if they win the lottery. Only half (53%) believe they’ll buy a home someday.

The Hometown Heroes Program strongly backed by Florida Realtors received applications requesting $11M the first day the updated program went into effect.

A Boynton Beach Realtor stumbled upon a hand grenade while cleaning a home, reported it to police, and the Palm Beach County bomb squad showed up.

Gen Z (81%) and millennials (71%) felt the most stress, in part because many are first-time buyers. The main stress-triggers: Low inventory and rising loan rates.

Attom’s midyear report finds foreclosures inching closer to their historically normal level. In Fla., one out of every 527 housing units is in some level of foreclosure.

Recent Twitter changes pushed some people away, and 30M have now signed up for Threads, a similar text-share program from Meta. Should Realtors sign up? Maybe.

The Fed’s ideal 2% rate of inflation appears closer. If June isn’t an anomaly, two more interest rate hikes are unlikely and the mortgage market can begin to stabilize.

Too many buyers are pursuing too few for-sale homes. That gives a strong edge to any agent who can find listings that do not yet exist.

Why do long-time homeowners rent when they can afford to buy? For more and more older adults, it’s simple: less responsibility with more money to spend.

NAR’s 2023 Member Profile finds a Realtor’s typical sales volume rose to $3.4M (2022) from $2.6M via 12 transactions – and 76% will stay at least two years.

It can help in negotiations if a buyer tries to see things through the eyes of the seller – and vice versa.

The rising cost of housing has made inflation higher in most of Fla. While that’s not good, the reason for it – higher demand from new relocating residents – is.

The company will no longer offer home, auto or umbrella policies “to manage risk;” its subsidiaries aren’t affected. It also reduced new business in Calif. due to wildfires.

The money helps “root out housing discrimination,” says HUD, going to local-state governments that enforce rights equivalent to those under the Fair Housing Act.

Politics can hurt home sales if a neighbor’s yard flag pushes views offensive to a potential buyer – but flags can help if buyers agree.

Experts say not all disasters, claims and insurers are alike. What’s the best way to file a claim? Who do you call first? Your insurer? A public adjuster? An attorney?

In 2022, only Texas saw more homebuyers using private mortgage insurance (PMI) than Fla., where 76,451 buyers (57%) relied on PMI to buy a home.

Sellers love drone photography – and by extension, an agent who offers it. If owners are interviewing several RE agents, it could make a difference.

If a buyer pays half their monthly payment every two weeks, they’ll pay off a 30-year loan in less than 26 years and save $20K in interest ($200K loan, 4.1% APR).

If a buyer pays half their monthly payment every two weeks, they’ll pay off a 30-year loan in less than 26 years and save $20K in interest ($200K loan, 4.1% APR).